Umm Al Qura for Development and Construction Company has announced that it had signed agreements to sell two plots of land within its Masar Destination development in Makkah for a combined value of about SAR436 million ($116.1 million). The buyers plans to develop a hospitality towers on the site.
UAE-based Azizi Developments has signed an agreement with Kone, a global leader in the elevator and escalator industry, to engineer and deliver the vertical mobility system for its 725-m landmark Burj Azizi development on Sheikh Zayed Road, which, on completion, will become the world’s second-tallest tower.
Naseej, a leading integrated real estate development and infrastructure company, has announced that it has been awarded a major contract to develop 2,467 housing units in Madinat Khalifa under the Bahrain Government Land Development Programme.
Accor, a leading global hospitality group, has signed an agreement with Dubai-based Cityview Developments for the launch of its premium mixed-use project - Pullman Residences & Offices Dubai Meydan - featuring 282 Pullman-branded residences and branded offices within one destination in Dubai.
The ADIS International Roadshow 2026 in Munich from October 5 to 7 will showcase Abu Dhabi’s infrastructure opportunity, valued at more than $56 billion.
On the sidelines of the Future Hospitality Summit (FHS) World, Munther Shaker, Financial Analyst – Investment at Knowledge Economic City (KEC), shared insights into how the integrated master-planned destination is redefining the hospitality landscape in Madinah.
KBR has announced that Sabic Agri-Nutrients has selected its Purifier technology for a new 3,500 metric tons per day single-train ammonia plant at Jubail in the Kingdom of Saudi Arabia. It will be working alongside EPC contractor Samsung E&A to deliver the project.
Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has announced the launch of The Hangout by Mall of the Emirates, a new indoor-outdoor lifestyle and leisure precinct, featuring four entertainment concepts alongside 18 F&B experiences including its first-ever outdoor food courtyard.
Nemetschek Group, a global leader in Construction AI and software provider for the architecture, engineering, construction and operations (AEC/O) sector, has signed a strategic agreement with the Saudi Green Building Alliance to help accelerate sustainable and digital transformation of the built environment.
Saudi Arabia has called for strengthening GCC integration in the housing sector and leveraging Gulf capabilities and expertise.
